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the5erstrading

Waiting for reversal opportunity

Short
CFDs on WTI Crude Oil (TVC:USOIL)  
the5erstrading  
TVC:USOIL   CFDs on WTI Crude Oil
Support and Resistance Supply and Demand breakout keylevels priceaction SELL intraday Crude Oil WTI proprietarytrading
26
2
supportandresistance supplyanddemand breakout keylevels priceaction sell intraday usoil proprietarytrading
After this significant uptrend, I preferred to wait for a reversal signal.
I'll wait for the price to break out the demand below and if that happened I'll look for a price action setup to sell the USOIL.
The target for this position will be demand 2 at the bottom.
This position is relevant for intraday traders
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